Jacobs Bradley W. 4

What Happened
Bradley W. Jacobs, a director of Telos Corp (TLS), received a grant of 34,091 restricted share units (RSUs) on May 26, 2026. The RSUs were awarded at $0.00 (no cash paid) and will vest and be settled in common stock on May 26, 2028. This is an award/compensation event (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-26 (reported on Form 4 filed 2026-05-27) — filing appears timely.
• Transaction type/code: Grant / Award (A).
• Amount: 34,091 restricted share units; acquisition price reported $0.00 (value at grant = $0).
• Vesting/settlement: RSUs are subject to forfeiture and will vest and be settled in shares on May 26, 2028 (see footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing.

Context
Restricted stock units are a form of equity compensation that convert to actual shares only if vesting conditions are met; they do not represent an immediate cash purchase or sale. Such awards are typically part of long-term incentive compensation and should be interpreted differently from open-market buys or sells.